!- J " ' u '' v i' r t I r I if IV 18 EVENING PUBLIC LEDGER-PHILADELPHIA, SATURDAY, NOVEMBER 15, 1919 ?We Own and Offer 50,000 Federal Land Bank 5 Farm Loan Bonds (tied under the direction nnd control of the Federal Farm Loan Board, a bureau of the Treasury Department of the United Statei. Dated Man. 1918 Due Man I. 1938 Redeemable at 100 and Interest May, 1923 Exempt from Federal, State, Mu nicipal and Local Taxation Federal Land Bank Bonds are de clared by Congress to be instru mentalities of the United States, and ns such are exempt from Fed eral, Stale, Municipal and Local taxation. The continental United States is di vided into twelve districts, each having a Federal Land Bank. All twelve Federal Land Banks are liable for the ultimate pay. ment of all bonds issued by each and every Federal Land Bank Price 102' it and Interest Robt.GlendinninK&Co. 4011 Chestnut St.. l'hila. NEWS OF FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK QUOTATIONS WEEK END ADJUSTMENTS BROUGHT LO WER PRICES Trailing in Cloning Market Tame Contrasted T Recent Exciting Sessions Industrials Weak New orli. Nov 15 - The operations I npplir ntjnn of iltati' "''"'L'V;,"""8", l,i tndiiv's losing t.-k nurkrl oic """ "' h lHo-iltntcr otic or lit mo-t striking)! tame .-nntni-trd with 111.- cv "-""-ere reversals nn.l n"J "" riling trading nf tlio priccdlng i.inn nmts rxpciicwcd -dine tl"" .Ion or the NEW YORK STOCK EXCHANGE TRANSACTIONS As a ii'siill of the niilu'.il oricrtlvc insures taken to uib I In" ',,lkle'J i-dilntlon nnd the diingeiniish inflated lintik inllt situation, speculative Issue- KANSAS CITY GAS COMPANY 5 PER CENT BONDS Due 1922 WILLIAM C. ORTON 25 Broad Street, New York Telephone, Broad 7160 Prtii mm ftiiimitu u im n pvnrptiiolv rut' illni- which. linw'cr, uiriiril little sg tillw-nm-e other thnn ti'tlcrtltig the fit mllinr evening up nf tiip pinfris'iiiiil mill vuiiipiiilpiitntinl timli'i'. I up ,,",... -. ....!...... tuu In mu iphI t.-i..lo.i.-v nf the innikc! was tnwni.I ;"." " lsp,.u,;, ..,, Mug for in . iimtinitiuii nf dealing inn' mil inwiutf " . . . ,.,,. nf Mn tiintism- In . niist-niipnt p. Ihn T snvru of' Hip collapse of Hip mniki't for Hip groiitri pail nf Hip list nliv , K,.(.,i spppulathi' Mlni ti H" was fniiinl to lip lliln (,ii both snips , of t, xnaln ,mi Up best iippict-1 Uu-iuiglit development-, ui Hip iudit 0( f1(,ni t, f,t Hint from the high t i it 1 situation iiilliiPiiu'il an unsettled ,(r, hvpi.irp lcw-1 nf 110 02 ntltiliietl opptmiR with ipiipwpiI wpal.upss in a ln ,,n tniM1'n ni'tlvc iiuiustn.il" on No mimlipi uf spppialtips. in uhuli wide i vi'inber .'I th.' slump i-nnled Hip inoingc ipi Iiiips wpip spniPil. Then- was up down In 1117.15. or virtiinllv wiping pntpiith iiititiniiPil liquidation nf niitiij nlt all Hip inhumes iiiiuIp situ p Hip 1st spuiilatiM an'Miiiits whieh had lirnn i tr,. i,nrt nf Keptcmhei' , unpaired Ijj Hie ilisnsttous (IppIIiips Mnnv tinfnir and little miuii "' p.ulier in Hip vec While Hus llipiida , linuiml net tlsntiotis lime neon oni-iii. tmn wim in pingrpss luners n.ituinlh I made uRiilnst the leading finnni-lal ami In Id ntT wiiituiR iniieessiniis bunking interests, whose lenutiitions l'li selling miirinnt liminer spent hip liejoml rpprnaeh. Nu one hut tliote it- fni ip iiiitnnintii'iilh. hut mil hefni I w ho em urn used ami mnnnRcil tUP to tin spp, ialtns hill! been lepiessed finm ( enl sppuilathe til-R werr iPsponHiOIP J t 10 points ami Hip iet of the Iht for Hip i nllupse arnuiR. ilnnRpr ,is ff I tn pnmts I S. Steil slsunl- ami i;vnn nlrndinRs wpip rr rat -was ste.ulil- in supph du.iiiRthPRiPiit rillv .snored I h- uiPMlnhlr rash pi ii.it t .if Hip slim l s. ssi, in After phiiip ,. ., . .. , .., .. ... i.vs .i,o,r.i ... i..,. i. . i b;Hi: i ';!'.,";' Xrt itnldwiii l.n..miutie lust I pn um ami - " , . - . mis ur .iu u. "" ' .- j-.' -- Upt fabiK. All Hint li" been done was to ilieflv nn ittromeh dniiRProii" itillntion of se.uiit.v miIups A bubble Dlv. Sut's in 1 Hljh 200 Ailahts Kpres 23i 100 tl Advance Rumcly pf .. Yii too .. Alaska Gold Mines .. ss 100 Alaska Juneau O M 1 Ta 000 . Allls-Chaliners H 400 8 Am ArtIo Chem ... . tilt too H Am Beet SuEar I2U 100 Am tlppt SuRar pf 88 ','00 H Am Iloscli Mugneto ..12834 -U09 ,. . American Can SO 100 7 American Can pf . t02H 1000 13 Am Car A Fdry 130 100 7 Am Car & 1'Mry pf . .111115 100 4 Am Cotton Oil 5J'i mil .80 Am DruRRlst Syn .... 10S 100 Am Uxprcss ... . 8814 000 .. Am Hide & Leather . 3ifc 400 7 Am Hide & Leath pf .i:" 300 American Ice Mi 40i s American Ice pt . . . f 'J900 4.80 Am Internat Corp ton -Jso ion Cunnoll, CiisRri(T & Sotitherd Public Accountants 333 Harrisun lluildine IlftuUs Oprml los.l Xudili'.l i ni I HV li p rt Loiust C0IO Tllunfs Kmr 1138 hoth Id iIiIpIipiii Stipl ami Iippulilir 1 1 on and Mpi I mpIiIpi) ihpi 'J points I'll. unit. us mm imI iu the same wav. Stiiilelul.p talliuR oer 12 points. The binuiR ninMUuent in the inilroads nhiih was a feature in the tiailuiR es t.i.ln i hum In a suddfii halt ami tlm-e isnes wiie also in supply am' shnwed mniliiate Inssps, Suiithern I'aiitii iuiir me fiuui l(i!i''i to lllss nnd I'ui.m l'a nil. wlneli npenid at I point higher ut l.'l"1 1 dei Mm (I tn IU. There n. lallles tinni these low levels but the nitirki I Retieinlh ratiReil siibstnntuilh b.-'nn I'lidin's tinal tiR uies at Hip rinse wnnirwi cops up is uuun.i in '""" i imihsh uitivitic dim n was toiilliix "tin niusi e - f . . . .iimn has been iirieked. SspiisoiipiI arm lcp iesentatie seeurities liave tint, or will not be in.tured i'o the eonhnn . when a more orderly state of affairs he been established these standard issues will haw an oppoituniM to letlert their teal nine Despite tin- weeks iliasti.' lirpiuln t ion, iinpiMtant b.nikiiiR inti'ipsts Htnl tlipir lppresentatiies .nutinup to in sist that Hip linnminl position hah not ielap.l to tin extent that can be n Raided a pprmltttiiR a lesumplioti of I he point to t no llie upnl tliptn tin petisneh inipips.i-d upon a Rteiit ni.iin (,n no 0rf.-i iiik nf time lnnnej and at who had been i hnsiiiR We spe.MiUtnp ,1(, nlnmPnl s pel .ent is bid fnr time will o" the-wisp in this niek s en ,non,,, jthnut miPtinsa stipplj. sational niaiket InkiiiR Hip uiaiket s within the last tew iln.i . s.mie loans lowest qiintiilinus as a nasi- M ihmii iur iiiiuli. if nnt nil of tin pliiiioiniMi.il ir Lawrence fc. brown & Co. CERTIFIED PUBLIC ACCOUNTANTS mi iik.u. r.sTATi: Tii!,vr mm. Iiivestlnte nmt ntljust iiurtiipmhlii and forpomlion wvriniii, mame Tui Ketarnn. riv n ti Pocahontas Consolidated Collieries Company, Incorporated FIFTi-YlMU TUI. t'Ut C1T (.(ILII UUMI3 Notice In tiereby clven pursuant o ths trm of the MortEBK dated Ji.l.v 1st. 1907 that the underalsned as lrwit vrlil -e. alv ft..nld nrDnomlR up 1i .'t'O'J n. m. oa ttio 9th day at Deremlicr, 1910. for ttie eat inhJiiie leioldpil in Hie pli.iMiR.ini bull niinpineul nf Septemliei and h tnber. was swept awa anil million fit dnllais in "paper piotits- eMipnrated into tli 111 aii There ueer wa .1 Iipp that S'e ipiite up to heiiMMi In the in.id ami tieuied chase of MiauiiR qutitnt nui- llnj Wall Stieet follow iiiR suietuiies ate led in bnliini lne do. onlj to be limiiRUt in a sad nwiikeuitiR IJeieut uiiliPiliil wiiiiiiiii! ol the 1 id .nil Keseive I'miiil and otlu I oiisena tn. timimial inteiestK hriiiiisI ink lo .mil imiestriiiiied sppiululiou In , nnslM.MlOUsh IllL'llh llllllltl(l llllllltl Ml lln II -pniiilitiis . ulniinaleil this week in the fusts wcip made at s'. pet rent for simj mid tiinet .Ills nn ii M ludilstijal ol lateuil and th'ie wele ippoit on the stieet that Us high as III pel tent had hei'U paid for st .l.n imuiei Tinie loans that nintuied diiiniR the week wpip not iPUewed. but the InauiuR in slilutintis insisted on paMiient beiiiR made. I'Iip bni'io,ps nbtaimd tutids In Hip nil I .iioni'i iiinil.pl In In let', the iminuliat. Inline tiend of the uiaiki" lc'si- s,ileh on iiioihm inaiket iinilM inn- ('oiniiiltuleiits shniild be ninde a. ..udinRh l.iteralh the situatnui still i e mains wheie it is . .i-e nt tliiitnbs up in 'thumbs n the pan nf the banking in to It of bonds as aboe dcrli'd sufficient . . . - . , -. , amiM-i isK.A&'-wAV.-nr-'r SUPPORT IS LACKING IN MARKET FOR CORN II fani)rB , -ntK NCW TORT! THI'ST COMPANY. I Truatee. Bv B O Ct'UTtS scretry New Tort; November 1st 1919 Annual Meetlne Ifc TBDST COMPANY l'liilailelnbli. Nut. 7. 11)111. Tlie annual tneellnc of tne atnckholder of lh nmnliouae Iruat Co will b lield at I) the office "f the rompanv. l"-'3 Walnut atreet. on .iionuay, -oTeraiier u i.b. i i MlnA tinnn. fnr the election of five .NKni' a mf far the transaction of auch .v (fer bualnees aa may eolne before tbe J raetllrc S V IV ATtJIIAIAN. erretir tKSSr' fcST KMI TRrT COMPANY" tiSSr PhltadelphtH November 10th. 191 The Annual Meetlns of lh Stockholders of the Wt Knd '1 rui-t Company will be beli at th ntn e of the Comniny Broad t. and siouth Penn equare Moiidmr, No veraber tlh. 9I9. at 1i o'eloek non Secretarr Prices Weaker on Resumption of Selling Quotations on Oats Lower 1L GROUP ACTIVE" IN CURB MARKET im .1 Am Linseed Co "? fi Am IOComotlYe. Am Malt & Grain . ft '.'son Am Ship 4 Commerce. 36(4 1100 4 Am Smelt A Ret .... 70U 100 7 Am Smelt & Tlet pf .101- 100 ft Am Smelt Seo A . . 8 too .1 Am Steel Foundries . U '9l 10 Am Sumatra Tobacco. 0" -100 8 Am Tel& Tel 1H 100 B Am Tobacco pf new . 100 2S0O 7 Am Woolen I'M 400 Am Wrltlns Paper pt. "'- 100 Am Zlno Lead & Sm . I8 100 4 Anaconda Copper .... c3i 800 nn Arbor ... . . la too nn iborpf 19 41011 Assets Realization .. 74 70 Aso Pry Goods. ... 13 !0n fi Asso Drv Gds 1st pf 7Ji ion A Associated OH l"il IflllO 11 Atch Top & Santa Fe.. 01'4 son ' Mch Top & S F pt . . 70 ?00 7 Mlantto Coast Line . t aoo 10 Atl Cult ft V I 8 S.170 3'iJOn Baldwin Loco WlM . . .IIOK2 390 Iialtlmore & Ohio ... 40 700 4 Baltimore & Ohio pt. . l Jlo f Barrett Co 13 Ml) Batopllas Mln'nc .. I'-i sm Bethlehem Motors ft '2 :ino Bethlehem Steel DO 7900 s Bethlehem Steel B .. 7"i 11011 Booth Fisheries 1" 100 Bl.lyn H T ctfs of dep. UVi 10(1 Bruni Term & It n tH soo .;,o Butto Copper ft Zlno. 104 '.'son Butto ft Sup Cop ... 23 I DO Caddo Central O ft II 3i Oil 4 California Packing . 78 loo 1 .illfornla Packing pf l"0 din California Tetroleum 4li l0 7 California Petrol pf 77'2 liin 111 Canadian Pac fla I48'1. 1:1111 - Central Leather . . 100 7 Central Leather pf 108 lOD'l 4 Cerro da Pasco Con . 44 iO(l 4 Certain-teed Prod Co. '"'4 IllOti s Chandler Motors ....I19',4 .710 Chesapeake &. Ohio . 00 0O ChlCABO Gt Westein . K?a 'no chl Mil & St Paul . . 45 " chl Mil ft St P pf .. fSJs 0 7 Chl ft Northwestern . f"t 300 . nn nods Isl ft Pac . . 30 400 7 Ch! R I ft Tao "'i pf. 7Bi'2 10 . Chile Copper SI 3)0 3 Chlno Copper 404 ln .1 cier Cm Chl ft St L. 47 .'00 duett Peabody 87 W .. Coci-ColaCo 414 CO Colorado ft Southern 2SU 37 iu I Ool (ir.iphonhone .... tlSJi 310 4 Columb Gas ft Elec l,t Jin 7 Consolidated Gas .. ti'i 10311 1 "onsol dated Textile . 37 ( Continental Candy . . 13'i IU0 Con interstate Cal M. 18 I'tOll Corn Products ISet . &7 3111(1 VI Crucible Steel Co M? -.'Sin Cuba Cane Supar ... 4H 3KI 7 Cuba Cane Sujar pf. f3?4 '10 Demer ft It G pf . . . 17 JJ 100 J L'lk Horn Coil Corp 4 100 Knierson-Brantlng . SOli 410 3. .10 Lndlcott-Johnson ?v nUldpnila Nebraska I'ower Company Preferred to.k llH'flen.l The resu a r auauerH ill l.le m uf la4 on the Preferred Mo k cf SebraskH Power Company han ueen .l.'olareci paMlhle Decem lier 1. 1010. to preferred etn. kliolders of record at Hie !oe of bUFlnt's No ember "0 10 .. I. -( IMA TIT'l It. Iieaeurer Proposal i.lHlN HKI.I U KM Hfc.lt FOltl.. IT ( hli'.ia.i. o I' llllnole MUreail Wlsron-lii Inw 1 IvHiisa ltnneolK -rlh and -.iulh Dakotn and Nebraska Inlr inniahi and Sunduv armei Mon 1 inn nnd vuinins l'alr lonUhl and Min-dix ( lllclRii, n..l." Sellnu of 10111 mis ii'suini.l tliiniiKli 1 oninii-Mon houses j Nf "oil.. thi. nioriiins ninl tho maiki'l wasi"! tl" liio.in ....Ui 1. m il..m.itnli:itinii in foi oiirn 1 t"01 1IM'S .1 I'xilniiiKi'. easier priros f.n lnu ho,ss nn.l fiiMiiahlo wentbi't- 111 t Ii bolt. Sup noil was not "ooci Simnis and International Con tinue Upward Movement to New High Levels STRENGTH IN MANY ISSUES m i.'i. Tin. tputuip tni't 111 11 inuikot tins 1 lip lit-tii biiiiiiR in I'. tin'i-uiii whi'li inovi'il up 6 PJIOI'OIAIS tiii.i. itr. nr. KUEII T the office of 1 e I nmmlaloner of l.ovier Mrrlon Tounalilo. rdmnrr. IM.. until t nil n-rtork I. ni., Tiiediu. Noieniber lth. 1919, for the grading nnrt ina.atainUlns of Wood bine ae. flnnl Stale road to Mar Uater! Ford road for a distance of about '.'400 feet Plana and specification can bw seen at ihe ofilce of the lown&htp Ooinmisbionere. 75 .. lnraiter ai Ardmor, Pa Blda to b -ealed nnd addressed to Henry Delaplalne (hairman lttchwav Committee and indnreed F-oposal for lVoodblne ae " The Commtaeionera reaene the right to rtlert any or all blda rtjoci any or Q t ANDr;ns0, Secretary. Siiniii h.i'j n in w high iivoiiI. on iinusualH lnrBi ttndiiiGr Intel tintioniil IVtrok-ilin ("luir tinil col" itiiiilttion- hum' ip-uit- loniiniiin n upwaiii movoinoiii, ato p.l in Ik-ui 101 ohi'iiiiK' nl tlif roicni iiiuMin; .1 in'w nign ip.oril at til), witn fioni tin- iiiuntu ninl a floor inocineiit 11 1.iit pnit of tin- hnjniR toming fiom , .- ovnc, id llnudlor--of the iiish nrti- IMiiliiili-liilii.i mill Wilminetoii. I cli' ilc Inii'il that there 1 11 noti. ( nble I 'l'li- nut-.iile market prenernllj slionoil inilis)n-.ition to bu the nititnl heie. n fm bettei tune than in ridonie 'l'lii' tiniMil- lii' "i" "- ial ln ''" -to.k i-xi-hnngr-. uiillcatiiiK the Deeeinber npi'iieil nl .SI -l'j to stiuitli 111 ihe p.iMtion of nintij stoik SI J!V',. iiRnuist ''l "0, in tntniip . tne in that tnilinK Ktoup. which 1 teidai. ninl iIpi-'iiipiI to I .J" .Taim f1M fioni fnther uti-i-ttlpmenl bi'Ctul'-e ni tnltPll lit M.-t'-j to SI -4, uRaitit f ,n out 1. -lit 1011 b the banks. SI -MTs. e-teiil.n I11M pine, and n Aineiirnn Tobni . o Securities aftei omImI to SI ISIU Mi" ", Muoteil if , a,i,.,, )S ( f.7' .. icai'ted to ti;l'... SI 41 , 1.1 SI LM'i m the nut-it. . uiiinbpr of other tock were in Mtp asnin-t SI -'Ts at the l"e loiti-rilny. pIj 1ftP. ialU Kaills Swift ntPrnit nnd .ikrpiI t SI -;'ni- , . ,riiou.il houp(l 11 hi Iter tone, i-plling at ()at lo-t Rionnii on in- . ... - , r,() Niniinj; wax stench at 1011 1 .7 10 Mill too 101) 300 .1J0U 1 011 00 7 (Oil .700 .790 iflll 4U0 6100 I'JOO 1700 '.'00 100 1 0 ill 17 Ml 1011 '.' llll (00 4 011 Ol'l I'.'M t III till) 11)11 1710 .'till 1(1311 30.10 'OH 11)11 131 Cndlcott-Johnson pf lC4iB Krlo 13 Urie 1st pf S04 i;rle -id pf 18U Fairbanks Co SO 8 Painous Plaers-L ... 7 PamoUR Plajers its. l'a federal Mln ft Smelt II J Federal Mln ft Sm pf 3t' risk Rubber 45 '! Freeport Texas 4' i Gaston Wm ft Wig . . 3T II Ceneial Cigar Co. .. . 7JH 8 General Hlectrlc Co . 171 I 'J General Motors Corp 31S fi Gen Motors Corp deb . td 4 Goodrich B F fSJ 7 Goodr cli B V pf . . 104", uranby Consol M ft S fl'a 7 Cleat Northern pf . . . f7a t Gt Northern Ore Ctf. 41 1, Gulf Mob ft North pf 30b Gulf States Steel .... t 4 Haskell ft Barker car. CO 14 7 Illinois Central 93', i Inspiration Com Cop . . 67'a Interbor Con Corp . , 4 Inter Con Corp pf .. I Int Agrlcul Corp pf . H 1 Int liarcster .. .. 134 lnt Mer Marine t3n Int Mer Marine pf ...10SJ4 International Nickel . 36 International Paper . 7S'4 .. Iron Products Corp . . ?'i i Jones Bros Tea SI ' l.OIT 344 7314 24 14 I3'a " fi 8S l'i4 ft 104? J 3 5 ! i llW 8?, 1014 tSli 34 I5 45 R4 IIS 7 fa's it t 70 101 SI! 41?. S8W ttVt too HI IS", 1.7 10 10 6' SI ". 74'4 m i 7SW 04 J, 16S4 107U 40 ill l-'OU I "2 so; 9.7 C6 l!a li'2 012 10U '0, ?9sa 78 I'.'O 77(4 l8 0'8 108 f84 i-Vi 117 5S 14 44 CS'i fl'ih V'i 7614 I 4014 7 41H iS 64., B'i !4t2 354 13). 18 8614 im 43s, 1314 171-4 ?4 30 Is 130 I til (a 154 tBI I su c 9K I II 31 434 41 'J 13 74. 171 sor ed 8'i'i 104?, 61 ! H14 41 314 (,7 60', C.I 47 "i 1h", 5 1354 '."4 IO414 Ui , 7't 4'.'14 31T, Today', Net Clo Chre. 34,- !, VV, 'A SM- U 1 43i- H MH Hi - ', 88 1S8W- IU 55 - i 10'M I- i 138 - M 115 14 . 534- H I0!4- V 88J.i 0!a DlVr tn J 34 12 45 tl VA 1 Hi Vi ?4 1 14 14 ta, ' ', 14 Vi 14 I, u A I 115 -72 -7i- - 35 - 70 - 101 88 43!, 8814- 014 too?; r- 100 137 H4 14 184 T5U- 14 10 IJ5 30 4 5 7 , "Hi - Hi 74 ii- , 131 3 01 783- V S 14 io8-; i, 108M- 314 40 - U 51 1 13014- t'A Vi 31 - 114 05 - 3 87 - U4 I5H ', 1414- ii 14 1014- 31 - ? 78 I'.'O 4 :vz 14814 08 , - IC8 l f9", 5.714 u 117',- 59"i- i 45 -5', -f3 1 30 -7'4 VI 40", 47 -7 I 41 ?. 314 f j5? - M14 I S54- I ltlS 18 - S7 r i30J4- 44 -I (34 1715 -!4 SOI, 130 -1041', 4 16 t 86 on - ! Hi- H 11 31 - V 44 I', 43 I '.3 - 1 74,- H 171 - 1 ail3 - 15 to S314- 1 104K ?i 61 li r 14 ijij- ni 41 - 3614 f 1(4 l -. 1 no 1,- s 3 671', 1', 14 18 J- 14 5 1, 13551 -, '3i- i 10414- '4 35 li H 73H H 43J4 34 31. 3J4 Salea 300 Kan City Southern ... 30 i 500 4 Kelly-Sprlngfleld Tire. 145 1 509 .. Kelsey Wheel .... 90 700 a Kennecott Copper .... 3114 1709 1.29 Keystone Tire A nub. 5", 3109 6 Lackawanna Steel ... 8814 1(9 Laclede Gan of St Ii . 45 108 .. Lee Itubber ft Tlra . . . 34', 499 .. Lee Rubber rts ?i 1109 3.59 LehlKh Valley 46 !4 409 13 Lorlllard P Tobacco .198 1609 7 Louisville ft NnBnvllle.ll.4Ti 109 7 Manhattan Kiev euar. 54 309 1.75 Manhattan Shirt 34 109 6 Marlln Rockwell ... 7014 790 .. Maxwell Motor 43."i 109 Max Motors ctfs. .43 10509 19 Mexican Petroleum ..20Ii 7 Minn St P ft S St M.. 86 3 Miami Copper 36 High Lou 143 85 31 5311 199 1109 1899 1.30 Middle States Corp ... 6314 5309 4 Mldvale Steel ft Ord . 53 199 Minn ft St L new .... 18 990 Missouri Kan ft Tex . 13 3100 Missouri Paolflo 3914 399 Missouri Pacific pf . . . 4H 199 3 Montana Power 63 509 3 Mulllns Body 404 909 Nat Aniline ft Chem . 73 100 7 Nat Aniline ft Ch pf . 8914 300 3 National Aamo Co.... 36?i 300 7 National Cloak pf . . 104K 300 6 Nat Enam ft Stamp . . 78 900 5 National Lead Co .... c4ii 309 1.59 Neiada Con Copper . 17 899 2809 199 3799 190 209 4000 709 4570 1900 390 309 3100 190 10 New York Air Brake. Ill 75 194 344 14 .10314 . 8714 5 New York Central 1 New York Ont & W. . . New York N H A II. Norf ft South n n . 7 Vorfolk ft Western 7 Northern Pacific . . 4 Noa Scotia S ft C . . 71 4'Ohlo Cities Gas 51i 50 Oklahoma Pro ft Ref. 9 Ontario Silver Mlnlnc. 1014 5 Otis Elevator Co 143 Otis Steel Co 39 3 Owens Bottllne Mach. 6 J 14 190 3.50 Paclflo Development 1 76 6400 6 Pan-Amer Petrol ft T.113J-4 Pan Anier Pet rts l'a 3 Pennsylvania R II .. 43M a Peoples Gas Chicago . 41)4 Penn Seaboard Steel Pere Marquetto Pere Marquette pf . . 5 Pere Marq prior pf . Plerce-Arrow Motor 8 Pierce Arrow Mot pf.108 Pierce Oil Corp 1914 8 Pierce Oil Corp pf ...16314 5 PIttsburBh Coal of Pa. T3 4 Pitt C C ft St Ij R R. 7014 Plttsburch ft W Va .. f3 6 Pitts ft W Va pf 1 Pond Creek Coal . . 8 Pressed Steel Car . . t Pullman Co a Punta Aletrre Sugar Ray Consol Cop 3410 2009 300 50ft 2500 too ;too 7800 200 800 100 299 (10(1 900 too 8110 3800 500 1109 600 304 400(1 100 100 10800 300 3714 2014 49 6414 7114 78 25 .104 124 . 81 . 2'li 8 Railway Steel Spring;. 08, 4 Reading 3 Reading 2d pf . Remington Typewrit 0 Repub Iron ft Steel . 4 RepJb Motor Truck . 8000 8.70 Royal Dutch N Y 83 '4 39 89 .1114 . 594 101 U . 14 i ll l I 2'4 I li I 1 Mm tin foreign i-M-hnngn iiunket heavier IP (leneial Asphnlt ranged fioni .. .... 1 1 . . 1 n offering fiopi the 'Oiinir. . p.o.i w... . -. 1;,S ,0 ,..- ,,Vvus compan. iirIus for the iiioeinent anil in -jnipuuij "'" 1 s, t 71 ,l 70 anil the new -toek PROPOSALS FOR THREAD Ofilce of Quartermaster General ot the rltoi 111 r.irn I.o.'iil liroUeis were .1 .l! ....1. nn rue -eumit ti"--. .... ,1 1 at ... .1... Al.n.M.l 1.1.1.. l I. 1 1 Ul llVlif-- II 0111 me -..-.iu....... ''-.' ul (Ki tn tl'J Stibinaiino limit olil n loidi jiifs S3.' tiOfi shares, compared with t ,144 O00 shares jesterday tw . uiu aij fnarer. 00 1 St Joseph Lead SOO st L San Fran 19", 9(10 St Louis Southwrn 151, 300 St. Louis Southw pr . 29'4 100 Savage Arms Corp .. 82 '4 200 Saxon Motor 17!a 10(1 Seaboard Air Line .. . 9'a 400 Seaboard Air Line pf. 181, 500 I Shuttuck .Ariz Cop ... 13ra 27100 Sinclair Consol Oil .. f34 410 11 Sloss Sheff S ft I ... 7014 21400 6 Southern Paclflo 1094 108 20 South P R Sugar . .' .235 1500 Southern Railway ..., 26S 10ft 5 Southern Rv pf t3!4 1209 4 Stromberg Carb 77'4 13700 4 Studebaker Corp 1171s 400 s Superior Steel Corp . . 44 300 Tenn Cop ft Chem .. 12 16") in Texas Co 305 2310 . Texas ft Pacific 6914 80) it Tobacco Products .... 88?n 80011 Transcontinental OH . 57?i 4)1) Transue ft Wms Steel. (3, 23 10 . . Union Oil 40 iJi 4 United Alloy Steel ... 51 6810 10 Union Paclflo 127 H 300 4 Union Paclfla pf 67 H 670 7 United Drug Co .....144 Oil 10 T'nlted Fruit Co 103U too Un Ry Invest pf . . . 20 fiJJH United Retail Stores . 94 " 1300 2 U S Food Prod Corp. 79, 2700 16 U S Ind Alcohol 113 1370 . U S Ind Alcohol rts.. 42i 109 U S Realty & Imp .. 4314 7509 8 U H Rubber 123 199 8 U S Rubber 1st pf ..114 1009 II U S Smelting R ft M'. 75 J 4 32500 6 U S Steel IC5T, 199 6 Utah Copper 7914 199 Utan Seo IH4 300 4 Va-catolina. Chem ... 7414 199 n Va Iron Coal ft Coke. 79 39 Wabash 10U 500 Wabash pf A 30 570 Western Maryland .. 13 399 4 Western Pacific pf ., 5414 100 7 Western Union Tel . 8G I70H 4 Westinghouse I ft M 55 U 1109 4 White Motor 67 '4. 3900 Wheeling ft L Erie . 16 200 . Wheel ft L Erie pf . .. 23, 390 5 Wilson ft Co 82 6709 1 Willys-Overland 32 1909 Worthtngton Pump . . 8614 1009 . Wells Fargo Exp ... DSt, 86 45 . 31!4V 45?i 19914 113 94 34 7914 4314 41 201 86 2S14 61 61 H 18 12 i 3914 48, 03 54 7914 8814 36 H 1039, 7714 e3 164 11914 514 193; 34 14 1.034 l-Oii Ti tl or. 140 37 0514 76 11014 1 '3 41 ."894 Y5H 49 641, (914 10O 1014 10314 n 79 32 78 -5 101 123 81 21', 981, 89", 38 89 100 59 IS'j 14 19 I5'2 281, 82 14 17', , 181, I24 '214 70 108, 325 16 (314 7JH 115 44 113 304 4814 87', 5014 C214 39S, 50. 125 07 H 14214 19314 28 93 78 li 111', 41 43 14 1211 114 74ii I04S 79 IH4 74 70 1014 30 13 5414 86 54, li'2 15 237. 82 311, 8314 53', Today'. Net Last Chce. 18J4 H 143 - 85 - il 31i-88",-45 - S414- l' 5 2 H4 14 "4 4 14 193 3', 1144 3?4 94 - 1 31 -4 3 7914 3'4 434 14 43 214 29514 '4 86 20 -I 02 5214 18 r 13 3014 48?, 62 -4 46,- 884 36?, 4 104H -17 - 12014 -74 -19 3414 -14 102 H -1-714 69 Ji ll 14-014-10 14U4 as - 6514 IH 76 11214- 1 14 -4814 41 -35H-254-49 -t,414 J-79U-100 - 1914 i li U 14 ai 114 H ELECTRIC STORAGE MET LIBERAL PROFIT TAKING " n Trading in General List Limited and Price Changes Unim portant Interesting Rapid Transit Circular 1C3I4 H4 I 214 I 1 Price movements in Ihe loenl mar ket wire incgulnr, with nbout 1111 equal tlltldlon of declines nnd advance". The trading was uncommonly nrtlvc for the half-holiday, but uctlvitv was ronfined to 11 limited number of htocks. The heavier (lrallngs were reglitcrcil in I'leclrlo Stornge llattery nnd Lake Su perior Corporntion. Profit-taking 6n liberal Fcale ta In evidence in both ismcH. Electric Stor age llattery, after starting fill cents higher at 141, yielded to 138. Lake Htiprtior Corporation held iti ground better, only Sustaining n fractional load at 21. Moderate selling rarilcd United (ins Improvement back to M. These hotter spots ot the market were in part counterbalanced by strength In other parts of the list. American Stores wns notable in this connection, (.coring nn advance of $1.(50, to 41 ".4. The reassuring statement sent to the Ameiican Gan shareholders had a stim ulating .effect upon that stock, which advanced S4, to iV). The statement won given under the president of the companj h signature nnd called atten tion to encouraciug imnrovement in earnings despite the handicaps being encountered by nil the public utility corporations throughout the country, nnmelj, cer-increabing cost of oper ation. yliin Electric was supported at par. tonld Transit hi Id nt i!7 whlln Union Trnclion wns t'Oc higher nt IIS. tup cnriy trailing in the local stock" w'as limited nnd generally unproductive, of material alteration in prices Irom last nlght'.s closing level. The unset tled chninctcr of the opening New Yofk market contributed tn restrain activity and narrow the trading. Just nt the moment when the pros nnd cons of the local transit situation nie nbsorbing the attention of the pub lic by reason of controversy between the city's rapid transit director nnd the company's officials the circular letter prepared by the new business committee of the Philadelphia Stock Exchange cov ering the conditions of the Philadelphia Ilnpid Transit Co. is timely interesting. The circular has been prepared in the same frank and comprehensive manner ns the previous publications. While it contains nothing essentially new, yet it gives an illuminating review of earnings nnd operations of the property lindor the Stotcsbury-Mitten management. It also furnishes a list of nil underlying guaranteed stocks, showing their par aluc. but not the ntnount paid in. the, amount outstanding, how much of the stock is owned by the companies nnd I", 1 I Hi (2 7014 33 ' 78 -25 - 101 14 - 134 81?i '-2 14 89 -t- 11014 1094-4 314 14 19 - i ISJi r- n 2914 '4 t-2'4- 14 I7i- '4 9,, '4 1814 U 124 .13 - li 7914- Hi 108J4- H 225 26 , 14 r3'4 'I 77 - 34 11714- 14 44 - 1 114- 14 r.05 48J4-87',-57 - 314 40 -30J4- 12614 67", 14 144 19314- H4 29 14 0314- ?i 7! - li 111H- 3 41 - 314 4.114 H4 12214- i 114 74 li- H 105 - H 7914- 14 1114 !4 74 - I 70 . 1914- '. 39 - ? 13 514- i 88 - 14 5(4 14 17J4- li 16 23?, i 83 , 3154- ". 8314- 3K, 5314- -1 what is in the hands of the nubile. Every shareholder should obtain n copy en na In 1.A tn nnalttnn tn fnllnw tl.a OtllCr ClmilgeS in the loenl RlockR I mnrtlo nf ranlimir l.oln.on Ihn tt comprised smull fractions, Philndcl-1 and company's officials intelligently. Swyorkjankstatement FURTHER RECESSIONS Heavy Reduction In Loans, -but Ex- FAVflRFn IN PflTTON cess Reserve Also Cut $49,182,200 l rIVUIAUU MM VjU I I UlH The necessity for the drastic meas ures applied to the correction of the inflated bank credits was clearly dem onstrated in today's New York bank statement. Despite the contraction in loans of .$03,817,000. the excess re sorve showed the alarming reduction of 540,182,200. reducing the actual sur plus abnp legal requirements to $47, 110.030. Tup "rrsen e in the redcral Ilcsenc Hank showed a reduction of $.0,:iU:i,000, while the cash in Own. vaults fall off $'.',178,000. Evidently then. loun liquidation is far from com pletion. Details lotion U-4 l4 AVKHAUK 15 508.180, IHM Loans 'et demand de posits . .. t4 21S,041.OOO Net time depualts U'S.RL'l.OOn circulation Caah tu auitf Reneno in Ted a r a 1 Hesene banks Ke?ere in ntate banka and trust companlea . . ltesere tn stat. bank and trut co. depositories AKBTea-ate reser Heeene required Gx.esa as.ONi.ooo 1O.MJS.O00 30 545.000 11 430 oun 11,318 000 Gn2,(10',000 560,1)87.680 -rj.uuo.iiott IJecrease 87 lta.lMIU 1T.001.000 1.72.7 ono 77.000 0.000 000 ! 645,000 Selling by Wall Street and South Resumed and Market Suf fers Losses 11.000 236.0(10 :. 840,000 .- 462,270 377.7.0 tl'nlle.1 Mates deposits deduUd S173. 804 000 Increase de I-rfans Vet (letnuud posits t4 Net time deposits Circulation Cash In aults nesre in Ked e r a 1 Reser banks . . Resene tn stale banks and trust companies Reserve In state banks and trust to depositories AssreRTte reserve Uosere requira Uxcess a.CTt'AI. t3.:au.VT.90l) ;n?.o;n nno 2TS.8KJ noo .16,881,0011 08 230 nOO sr. si-,000 io,nt7.oof 467 onn 50. 000 J KS.006 583.194,00(1 .-.0,383.000 10 RSG.onn 1 'J. 143.0111) 606 103 oon SIS0 71.000 4. UU.i'Vl trnited States deposits deducted 7?n 000 Increase ot'Tsmn nojK stxtejibnt H 1.V1 U XJn.MD .TiO.ono bo r.16 000 t SI.NHO 4n.iss.aoo 114!!.- b a n k Loans Mold Cunenc notes . , Deposits, federal Resene Hank of New York Deposits Reserve on deposit Percentage ot re atr 1694, M" (100 n;H,m" 30.519 000 75,010 5lin SS1.Hll,70l f.-?,8S0,10ll Decrease JJ7. 137.4UI) 301.100 1,578.500 Tin. jno 1 iiiiLiiiiii 150 500 COTTON" RKI.T WEATHER CONDITION!! New York. NoV 1.7 The. following; tem peratures -sere recorded In the cotton pelt this mornlnp. Nashvttle, 28: Macon nnd Knoxvllie, 30, Oklahoma City, Fort Bmltli. Little Rock and Augusta. .14; Wllmlnarton and Shreveport, 36, Memphis. Vtcksbiirjr and Montgomery, .78: Thomaavllie. 40, and Atlanta, 4J, Charleston and Savan nah, 44, San Antonio and Jacksonville 46. New Orleans and Pensacola.. 48, Gal veston, SO, and Corpus Chrlstl, 54 Heavy frost was reported at Montg-omery. Thomnsvillle, Charleston and Pavannah and kltttna- frost at Macon, Augusta nd Wilmington New Yotli. Nor. Ifi. Selling ot cot ton br AVnll street anil the South wai tesumed on an enormous Bcnle today and the market "suffered further ihnrp losses nfler a period of steadiness. Eeurs nbout the money situation re mained uppermost in the minds of oper ntors, and hentiment nround the loom appeared to be in fnvor of further ic cessions. Humors about the cuitailment of cot ton credits on thp part of the Federal Reserve board broucht forth the stnte mi-nt 'from officials of the board that 110 positive action had been taken or directed by the members looking to a chnnse in the rediscountiufr pf, loans on HIP hllipii'. They added that nn increase in ic discount intes on cotton loans would not more than proportionate thp cen oral inii3 permitted by the board in discount iharRPS generallj. Little attention vns paid to the weather, which, wns clear and fiosty all orer the belt. The closi- was weal, at a net loss of 12i1t0 points. Yesterday's close Opn High Ikiw Last Dec an tut an no an ns 311 5.1 .nt a-isiar jn s.i no as an 31 .10 m 7." si 7niffaii March .14 or. ad. so 33 s as 00 an norai". Slav 33 07 .15 6rt 35 1)0 35 IU .15 01 iffi 12 Jull . 31 00 3J 53 81.710 31 3003 Thus far this vteek 10,525,000 shares. Same period last 50 0 TRL'bT I OMPAN1BS Loans . J.-.18S, 000,500 GM 11:675.000 Curreiu.v bank notes . . 2J.8S1.00U Deposits. Federal MB.'JIi'-.tlOII 31J.500 611 500 556,176,60.1 L'.-JllO 677.300 306 005,800 4 776.00n 4S 652,800 16 037,300 Reservo Rank of sow York Deposits P.f servo on deposit Percentage or re- . serve ... 1 ' " '' STATE WANICS AN J) TBI' ST WIPANI I ,S NOT 11KI ur.l lvu iu u.rt..... .w.. 010.800 184.0011 1 407.200 ! 1 10.400 NEW YORK CURB (Continued) EXCHANGE HITS NEW LOWS United Oil Unlf OH (tineijii auiioin iiim iu cpu irom r nc Ai.a-j r-.-'-";?-r;r -V1"7.7 ,!.... t .. .nnmiu lilT lll 1 (His MHII U'Ull ..,., ... ,. , .. ,, ,. .. .; 4. ... .., , w Th..s?TrZZ- ind S, ",,,,, ,l and that II... ,.t...n of for- ' fi- ' ''' ' . W, ',,' ,1 mlS " v?ilt8rSelved'l,.e untl. 2 00 P M , , ,.xlh.,nK,- nj. nn,M . vpoir bu- , '' "J -, , - u ffiiKnn" f Xoember 20 1919 .for furnishing all nP,s IU , ,(.i-ul nt inesent - ,, .. ..... ,, ,, .., ,. ,- j, L ierome or any part of 144B pounds of Olive t,,rlU, v.-ie T iu- ''' l '" "'' .V. if-ix lA I i 'n Arirona . Drab Cotton Thread Information o ,, 11(Mlfl .,,. fv at 72''," IMiLhTKIM.-. ni.tv.Uonaj . application , and declin-.l to71,c Mb, -aiw quoted, Hid x;l. .sate. g'WJjW .,"0"rnc; C - : ..T ..-... .STr. .. --. . Tin., ni (ip ntilspt. nERinst Ama hxploalvri, " HI Uoldtiel.l IC-Sanaa a t-nnimuAi.H n k i h ilv iii.i.ii.u. n .... ." .- i- " . . ' im in vift. ;i .1 ipstpi.av aki prut-, mm nun I H'.'C t 37' MIMMl STOCKS 1' 17 4 nm.... nl Onnrtermaster C'n. ral of the TT.1 Army (Clothinc t Kijulpaa Dhislon). Munl-I , .' tlina Butldlns llaihlneton PC hi ad "' " proposa s In dupiuate win ne re. eiya C... ..n..t ll.on n. m.. Nf.teniber 50. 101D. for rurnisnine ai. or anv rn ,.. . in.m ji,( Jan 'vards cotlon sheeting Ullhlaehcd t'roinjsa' i blinks and information a. n un rjuesl. dKNKRl -t -KKlNThMli:T l,RflK ill'IMHM" (tlSsritflTIIIN COM. PANV IIS (It'tMM. IV ITS OIK.AM - tiov i"m man or imimi.i'.M-riiiKM 1; in itK-KroKrhii (iiMtthTt; ami in- IlL-STiriAI. ri.NT rOVMItl CTION. Ml 0 its llr la Pork ton la 1 ard ' Nov len Illbs Inn linen 1 51'. I 5la 1 Jl 7JI. 71'. Illzl. 1 51t' I J44I I Jl' 75'. 7.". Iiw 1 J7"j "1 1 J3 71 Tiit 5ii n.i 54 07 th 'Jii tH in 51" or. 54 111 R jr. 18 10 5r. 5 SS 00 i. in 17 or. I l.tyw 1 57 1 53 I 5S1. 71 7IS 33 75 33 III 55 Sf. 53 tin 1 S J.". IK or, LIVESTOCK QUOTATIONS Amer .Marconi Amer Writlnif Paper Air Reduction . . Allied Parkers T Sec Canadian Car Ln Can I'lir . Tdv pref Carbon Mteel Carwen Tool Chalmera Motora . . Chevrolet Motors Cramp Curttm Aeroplane . fleneral Asphalt Ceneral JPtora llmerson rhonirupl llnll hlgnal . . tntl Pmducts lull Puhbei Lake Torpedo Iloat . h ch Coal Sales . . t.lbbj MiN i i.ipdv 6'. li'. 13 II r.j r.t no 4 j .ii ir, is '. no 'w 15.1 130 1 7 7 S toil 500 ISO 510 14 17 1.1". 1.16 .17 !!- I BUILDERS' 1 MILLWORK i Doors, Sash, Mouldings, gi Columns, Ltc Ithe HANEY-WHITE CO. & Plant j" j 17th and Glenwood Ave. .-' I If Offxcr IVafhout- :j'j 21t and Glenwood Ave. j-j ! P Lists Froin Nana and : Evlimutea Given '& Reflned Sugars Unchanged New York, Xov. 15.-The refined tiurar market h unclinmted with local YetW iiuotius on the lutaN of IK" less i per cent for tut.Ii for turn srunuliitcil. u.iau nf riiu-. in the L'nltcd States C httear eiiunlluftion boHrirV .liice NoTi-m-i - b?r 7. asmnat' Si'-MMX baBs Ciibas ". for NmriiiDer loauius at jvic uu t hu,l Stead- 'o 150 tower rop. .1)4 .. . .' buk 14 1liH0 heav J14 I0ft14 511 S m.l,jni 14 in14.V. 1 Bit" T-14 10 14 MS I liahi lmhi !' ''" '4 "" l"a:; lwckitiB I" la" "it..ii nil0'.H4 paeklna sows 'A rrunb 13 J1I19 50 Pie-" IW'J.OTH o n.inll Cundv . :i ,irt.B-Kecelpn .10.MI head Compared 'v",ld X V h rf veeu ago i.-ei -.-'- ....... j nmni a" ."L. t I n, i I .nro S" V bhlpbulldlnB , North Am PPei ' "hi I'eerlesa .vioior Prpfectlnn 7." ft- I'hlllp Morris "oole Knir It aavolil Ohio ,',Ver bXI. nui K7h.Sh taui,.? ;spir;-., i l,.M..r wes.ern J.V lo flur iiiaiir. .,.- ..... . it, nn .... ,1 Mil, bl 1-n.t .'.- .. ----- " . .. I.h a weel aro l- -VI IHmn- U.K .luai.rr htslur sheep .trunu -ted I Kut IllllTnl.i. N. .. V 15 CATTLt; lerelm"."5-he;d. Steady I alve. re- ..elnt" 5011 lien.l )l . f'";",,. ,t, 1IDU.' ttecelpla 3500 Jiead Active Ji loi.r H-a.s -nlxe.l and vorlters 111 w leVl l" 10. lioht vi.rkera and plvs $1R 1 I-. 5. roualis X1J ...It'l.i K.H 7u J. 1 hlll.KI' ANI I.A.MH.5 teeelpts l,,l All ve I.amns. . lower Cumpared , l ' A',"."'.1, " c fiuarter JSe hieher feeders ila 6 50 in -' ft an t5 5.1 t'4 45 V 30 f-'a HO Tll'j . S r, 17 57 100 I(I4VI others unchani-ed noon Lamlirt. er,dd Shipbuilding .. Triangle rilm I'nlteil MotnrB 'p le.l I'rofl Sharlna " h Hteini.liln Vanadtl'"' Meel "'vtd f'lnt 'V-lllit-MH'tl" Air STAMIMlll 011.1 1S5 30 51, 1 Illtnol. Ohio flll.li.irnli. Nov 1.1 MOOS Receipts "1110 head A.tlve uild hlsher Heavies 114 P.liftl4 71 hes-v oikers llihl -orker. and nine U7r.11 blll.r.1 Al hrtlinc lirrrijiiB ..,.. i.b.i Htea.lv Top sheep $10 55 top lambs, CAI.VKS Rereipts 50 head Pleads Top 119 houth Omaha. Nov 15 HOOS Hecelnla 1000 head Market steadv 10r I we. 'lop OATTI.B Receipt. Hal bead Compared with week beo Reef altera 55o higher bulou ir. and heavy ralve. 'J5e50o htuher llahl veals and'bulls steady stockera and. feeders SHEEr rtVcelpt". 1500 head Lamb. 25e hluh.r yearllptw and 1BWS5c nlther Prairie 7'lpo H i) i.ai 8 O N J V i 57K 300 75(1 i' 3 35 IK) 5 4'. I!. 7. in 50 1VI, 9.1 511 50 77 :i s 17 V, r.n M a 505 5, r.n IKS 375 55 301 Uoldllel'l -Merser .Jr. en .Monater 1 lei u Mlnlne - Howe oun.l .... Independence Lead ... Jerome Veide . Jim llutl-r Jumbo Extension . ... StcKlnlej Darrawh Meaina Copper Mother I.ode Mines Co of America . . , National Tin .Stpissing . . . Rdv Hercules . .. .. San Toy Tonopah Kxten.ton ... . United Verde West I'nd Con White Caps . IIONDS nu.sl.in Oovt 5U s Russian Govt BH a i; IK 50 r. 1 4S 4'a 4l 4 5 5 . , . 51 B K II) .75 .'O 40 41 5f Wl s 7'. 7V. 1.!"J u,l 41A 4?" li'' lh 11'. U' 38 10 Local Bid and Ashed Philadelphia Stocks Today Bid Ask Amer Milp I Com 33'. 30 Amwican Mores 41'. 45 Baldwin ,10S',, 111) IVill JO .05 5M Uuffalo : Sus. . 8H 70 HuKalo A Hus pf . 40 51 Cramp t c . . . 500 510 Eltctrh Storatte ..1H7'.. 133 General Aephalt .134 137 General A.phalt pf 500 510 Kavstone Tel . 11 15' Kev stone Tel Dref 45 4rt Lake Sup Corp 21 . Lehigh Nav 64 1, Ihlh Valtes 4 Ih Val Tr pf 50 Penna . 43. Phlla Ilteclrio 54'. Ihllo Co 2 Phlla Co 5 p e pf 55 Phlla "o ii p o pi . o Phlla It T tc. . 2. Yesterday Old Ask 3.'.' j 30 40 41 111'. 115', 5(1 .IS H 70 41) 51 500 510 1411'. 141 1.14 140 501) 510 II IMIKI'I Boston WvnmliiK Oil Cosden 4 Co Ce rib Elk Ilasln Int-r Petrot lriatid Oil f T Hou.ton OH Merrltt Oil Met Petrol Ohio l'uel . Omar Oil i Oa. Sapulpa. IleHntns Heiuoyah Soulhwe.t OH . , , Minima l'etrole.un Texas Co (n.w) - 145 II" MIB.NT 1III.S IVj v'7 H.I 10l4 41 A r.m . 131 5'1 .IJ ll'V $ 45 60 '. 10'. in "2 7 140 51 : 3K 12 :-. 45V, Readlnn . Si Ton nelmont .. a Ton Mlnlne . . 2'. Union Trao . 87 U 0 1 . .54'. U H Bteel 104t, York Itim York Itwy pt . 30 4: 51. 64 V, 40 '4 50 43 24 7. 35 55 32 57 81 'i 3 2'. 37 541. 46 51 . 115 46'. 26 43. 25 V. 31 2S 33 27 H 81 V. nv. 3 374 ftiU. 11.3V, 105. 106 46. 4314 25', 31 2S 31 57". S2'. 3A 3 37V4 D1V. Sterling, French and Marks Sell Off in Demoralized Market New York, Xov. IB. The foreign enhance market wan demoral!?cd at (he opening with the exception of Ital mn ej'hange, which showed strength. Mre cables were 11.03 nnd checks 11.05. French exchange was at a low record, being quoted at fl.5.r for cablew. and OXi" for checks. Sterling opened t 4.10'j for demand and 4.11U for cables, which is also a new low record. Other quotations were: Swiss cables 5.52. checks 5.54; .guilder tables 37, cheeks 37?i i pe setas, cables lH.riS. chccks iimh; Stockholm cables 23.25, checks 23.10; Christiania cables 22.50, checks 22.35; Copenhagen cables 21.15, checks 21: Keleian cables 8.08. checks 8.70: marks 2.50. which is " points under the forecasted rates and a new low record. About noon, the market was lower. Demand sterling reached n new low rec-' ord at 4.10U and cables nt 4.11. Francs continued heavy at 0.53 for cables and 0.55 for checks. Lire, which had been relatively firmer than the rest of the market, reacted to 12 for cables and 12.02 for checks. Marks were slightly better at 2.53. Reserve BanH' Discount Rates nfl.nlnl illM-niint. rates at the twelve reiieral itcserve DanKS were us iuiiuwb; (The first column gives rates for all periods up to and including a fifteen nay maturity, the second for n period of sixteen to ninety days. The third und fourth columns give the rates for re discounts of collateral loans secured by government bonds or notes.) Com'lpPer Oov't paper ID IU U . vu aa iai ;o HIch. Low 1030 Am Strs. 42 40 55 Am Gas. 50 50 100 fButte &. Superior 21 "g 10 Hrill J G 5 100 1 Chi It I 30 1500 HI 8tor..Ma'3 138 100 tErie ... 1(5 1(1 100 IT & U T ptef ... I) 1145 I.k S Cor 22 27 Leh Xav. 049.. 70 Lch Val. 40"-4 i-J .or uent. una, Net Cloae chKe 42 2 50 1 219s-2"s 57 2 P.Sfd S 4U1 600 Currencs b . 11 1. notes Deposits, fed rat neuerve Bank ot New York. Total deposits V.I rlenosltn Fcserve on deposit Percentage ot re serve . . BUTTER, EGGS AND CHEESE New York. Nov 15 llUTTOn-Steady ltecoiDis. ovwa iuuc f.-': " . - 1 y. Aula Mil nrniN c: eir.ti .vi . .'- . ;' 30 138 It! 0 - H 3 Vs r-ii- o-7i "x 3 230 Pa It It. 43 57 l'hila Co 33 4(51 Phil i:iec 25 75 P It T t c 27 00 Ph Tract 03 20 tneading 82 13 Un Tract 38 503 U OI. 54 I) 21 i 041, 4Il,S 4Gi,a 70?x 70?i '. - 7 . .. - r : ;i-)8-r- . 33 n 25 . . 7.1.7J7 10fl 170,116 600 hl4,58O)0ll 114,437.800 20.3 1.254,000 17,3311 flOl) .1,408 300 7.900,500 .8 Tl" 6070c 0VHai70o., 43Vh 33 24T.8 02 '3 82 87a M 03 82 38 3H ya I'm I Net J.ow Clo. chge 83 83 . . (U 01 - 1 ti 31 30 GOVERNMENT BONDS Panama coupon 5s. 1836 . Panama reicl.tered 2a 1B8 Panama counen 5a, mo"-.; Panamaretlstered ft 1H1. Panama'couivvn Ss, lOnl j Panama rexlstered 3. 1B81. Tthlllnnlne 4s. 1934. f Philippine 4s. 1035. Philippine 4a, 130 V 8 Qov coupt 1SS0.. Hid . nvi ool. MVi nw lH RS R'J , RJ 95 .100 ni AI 96 B6 06 Boston New Tork l-niladelpma, Rtchmond Clov eland Atlanta. . . . Chlcaso St Louts Minneapolis . Kansas Ctir Dallas Ban rranciieo IB days . 4 4'i .. 4 .i , 4'i days 4 4' 4 4 OS 5 4;5 5 15 days 4'. 4 4 4'. 4 4 4v; 4 4'. sVl 4'i Prices on Paris Bourse Stronger Paris, Nov. 15, Prices were stronger on the Uourfce today. Three per cent rentes were quoted M 00.45; exchange on' London, 30,1; 5 per cent Joan, 88.07. The dollar was Quoted t 0.4.2. o-i ,', : .::. .iy -..... - . . ... 170 tu o sti.iusys iv)-'s lvw'ti "s tNet chanve mada bv comparison with last sale on New Tork Stock Exchange Total sales (129B shares, compared with 15,8')7 shares yesterday, this week, 80,408 shares, last week, 65,652 shares. Sales In BONUS linuo Itich '-. Am Gas i. Elec 5s... 83 3 nice & Peo Tr 4s .... 04 1 1-10 Lib Bonds .. 4th 4Us. 03.10 U'.i.iU IK.iU -.n 2 Pa & Md Bteel 0s..l00 100 100 .. 2 Phlla i:iec 1st Ch ... 02?i 0294 02?4- 3i Total sales. 18000, compared with 151 500 jesterday, this week. 1425 700, last week. 1185,650, , BANK CLEARINGS Bank clearings today compared with cor-t reaponain ua.a.v ... j-r.. Phtta. ..788,407,365 $97,487,745 70,740,480 NY ..1.O20.358.66O ...; . , Chlcaso 103,318,508 01,589,851 MONEY-LENDING RATE3 PHILADELPHIA Coll, 0 per cent ", time, (J per cent; commercial paper, three to six months, 0 per cent, and sixth raontus, Ba4 and Per -'nt- LONDON Money is quoted at 'Va per cent. Discount rates, short bills. D38 per cent,; three months' bills, B'Ji per cent. - aeeonds 5n60c, state dairy 0w(l7lc. KlSoV-I'lrm T iteeelpts. 0070 cases Fresh unthered extras 71S5c; extra firsts .JW 74c tlrst.J117f71c: eeronds. 0Mnci dirties. No' 1 r.lir.3cl do No ,5 40-73-1 checks, 43 vv 4 c untie rKruvieB a- unv t. !. ..- JpVclal marked. MVa O04c, , retr erator. flrsta r.2r.3e. refrleerator. seconds, 47H "ic. stat ta ml nearby hennery whites. 08O Jl. Batliered whites. 700Se: western whiles, 7507c, l'acIOc toast whites. Jl, outsldei western and southern t'athered whites. OSSiHUOc, state and nearby hennery browns 78BROc: mixed colore, .5W.c: mixed fair to prime, 0574o. CHEESC Steadi. Receipts. 2002 boxes Flat current make colored, average run, 35Vi 83o. flat, current make, white, averawe run 35V. 3.lc. colored specials. SIVa fSJc: white specials utt ivo.-c DIVIDENDS DECLAREb Savoy Oil. quarterly ot 8 per cent, pay able December 10 to stock ot record De cember 1. . , . Wolverine Copper Co , quarterly ot cents pavahle Januarv 5 to stock ot record December 6 , , , , A. B. Klrachbaum Co., quarterly of 1 per cent on common, pavable December 1 to stockholders of record November, 20. An..rMnn Tfthawn Hciirltle. Comoratlon. Initial dividend of l'i per cent, pavable ne per cember 5 to stock of record November 20. Utto .isenmnr u 1.0 nuurier.y i cent on preferred pavable January 1 annual 5 per cent on first preferred and 4 per teni on oeconn preierren, pajauia December 15 to atock of record December 4 Colorado and Southern rtallvvay Co semi, registered December 50, FINANCIAL BRIEFS The average price of twenty active in dustrial stocks declined 0.20 per cent yesterday to 110.40, while the twenty raihoads advanced 2.33 per cent to 81.05. An agreement has been made by the Pennsylvania Jtailroad Co. with the United States railroad administration whereby the latter ill construct twenty-five pasnenger locomotives for the railroad company nt the railroad shops at Altoona, Pa. The engines will be of the large Pacific type, and of . one of the modern designs of the Penn sylvania Railroad Co. Tbey are fqr the Hues Kast. Material setbacks in the value of corn this week have been largely brought about through tighteuing of money rates and by the bearish character of iho government crop report. Prices this; morning compared with a week ago were tic to fijgc Jovver. Uats gamed lfijl'sc to l'.i-c. In provisions, there was a net decline varjing from"37c lo $1.15. Although public utility companies all during 1910 hnve been confronted with ndver.se conditions on almost all sides; they have been able to do an aggregate of new financing so fnr this year of more than $53,500,000 in Btocks, ac cording to Dow, Jones & Co. This figure compares with approximately .fill 4,800,000 preferred and ?515,000, 000 common blocks sold by industrial companies. The annual icport of the Cuba Cane Sugar Corpoiation for the jear ended September 30, shows net profits, after all taxes, charges and depreciation of $7,384,580. or the equivalent, after pre ferred dividends, to $7,77 n share on the 500,000 shares of common stock out standing.' Iu the preceding ".ear the net profit was $4,120,425, or the equivalent of $1.25 a share. The New York Subtrcastiiy lost $73, 000 to the bauks yesterday. The Beneficial Saving Fund Society of Philadelphia 1200 CHESTNUT STREET Result of the First Year's Business in Our New Building i Deposits: November II, 1919, 520,331,947.60 Nerember II, 1918, 17,030,745.45 Gains in Deposits for Ttir . Gitns in iceounls (or yesr , $3,30102.15 1.9Z4 it t -ol(ci( ihe care o tour imings Interest 3.65 Per Annum i imaMd " i T -"X T ' ' i )', A i . iu-'-. rA . w. it-. :--' -S' V Jt v -ir.'- iJzZai .,-AV i, ,... l"r---" '.
Significant historical Pennsylvania newspapers